December 14, 2010

Nifty Futures in a channel

  • 5 Minutes is still in a consolidation pattern.
  • Trading in a narrow band which is moving higher.
  • Break of upper or lower boundary can give good direction
  • Nifty Futures 5 minutes in a channel
  • Trading below 5915 will be negative and favor bears
  • Trading above 5953 will favor bulls.

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